Cross Border Resources Inc. (XBOR)

Overview

Cross Border Resources, Inc., an independent entity operating in the dynamic sectors of natural gas and oil, undertakes a significant array of responsibilities that bridge the entire spectrum from acquisition to exploitation. This company, deeply entrenched in the North American energy market, zeroes in on southeastern New Mexico, leveraging its substantial asset base. Specifically, Cross Border Resources, Inc. boasts ownership of approximately 865,893 gross mineral and lease acres in New Mexico, presenting a significant footprint in the region's energy landscape. With its headquarters established in Dallas, Texas, it portrays a strategic positioning that facilitates its operations. Moreover, being under the umbrella of Red Mountain Resources, Inc. endows it with a layer of corporate synergy and backing, further enhancing its operational capabilities and market reach in the sector.

Products and Services

• Natural Gas Exploration and Development: Cross Border Resources, Inc. is actively engaged in the exploration and development of natural gas reserves. This process entails detailed geological surveying, drilling, and the application of cutting-edge technology to efficiently extract natural gas. Given the growing demand for cleaner energy sources, the company's focus on natural gas positions it favorably within the energy market.
• Oil Exploration and Development: Alongside natural gas, the company also places a significant emphasis on the exploration and development of oil reserves. This involves identifying potential oil-rich areas, drilling, and implementing technologies for extraction and processing. The dual focus on both oil and natural gas diversifies the company's portfolio and mitigates risks associated with market fluctuation in energy prices.
• Acquisition of Mineral and Lease Acres: A cornerstone of Cross Border Resources, Inc.'s strategy is its acquisition of mineral and lease acres, particularly in New Mexico. This strategic accumulation of assets serves as both a resource base for its exploration and development activities and an investment in future growth opportunities. Owning a vast expanse of approximately 865,893 gross mineral and lease acres, the company solidifies its presence and potential for expansion within the sector.
• Exploitation of Natural Gas and Oil Reserves: Exploitation, or the optimized extraction of natural gas and oil from existing reserves, stands as a critical component of the company's business model. Through the application of advanced recovery techniques and technologies, Cross Border Resources, Inc. seeks to maximize the output and efficiency of its extraction processes, thereby enhancing its operational profitability and sustainability in the long term.